Let’s face it. No one likes to talk about bad debt and no one likes to talk to a debt collector.
Talking about bad debt means talking about your failures and a debt collector is more than
willing to rub it in.
Heck I know of some people that don't open their mail if it even hints at being a letter from a
collection agency. Worse, there are some that don’t open a letter if it’s a current bill.
Bad mistake.
Yeah, talking about bad debt is not fun at all. However, if you have bad debt, it is a topic
that you must face, especially if you want to get in and stay the game.
Your bad debt tells gamers (creditors) that they do not want you on their team. You will be
left out of the game. Staying in the game is the best way to take advantage of the
opportunities that will take you where you want to be.
It is true that credit can get you into trouble if you abuse it. This is true with just about
anything.
A big mack is delicious and appears quite harmless. Try having a big mack everyday for a
month and see how you will feel then!
You must use credit and eat big macks responsibly. I know you don’t want to hear this kind
of language because you have heard it all before. I don’t tell you this to lecture, I tell you
this because it is true. Maybe if someone would have drilled this into you long ago maybe
you would not be buried in debt and maybe you would not have a weight problem.
Talking about bad debt means talking about your failures and a debt collector is more than
willing to rub it in.
Heck I know of some people that don't open their mail if it even hints at being a letter from a
collection agency. Worse, there are some that don’t open a letter if it’s a current bill.
Bad mistake.
Yeah, talking about bad debt is not fun at all. However, if you have bad debt, it is a topic
that you must face, especially if you want to get in and stay the game.
Your bad debt tells gamers (creditors) that they do not want you on their team. You will be
left out of the game. Staying in the game is the best way to take advantage of the
opportunities that will take you where you want to be.
It is true that credit can get you into trouble if you abuse it. This is true with just about
anything.
A big mack is delicious and appears quite harmless. Try having a big mack everyday for a
month and see how you will feel then!
You must use credit and eat big macks responsibly. I know you don’t want to hear this kind
of language because you have heard it all before. I don’t tell you this to lecture, I tell you
this because it is true. Maybe if someone would have drilled this into you long ago maybe
you would not be buried in debt and maybe you would not have a weight problem.
purchase, buying a vehicle, paying for college and even getting an employment position that
pays well over $75,000 dollars annually.
How about simply renting a good quality apartment or qualifying for a cell phone without
having to put down a super large deposit.
Bad debt is not the end of the world; it just gives you limits as to what you are able to do in
this world.
No matter how bad your credit is today, facing your problem head on is the only way to start
making a change for the better.
So the next time a debt collector calls, be polite, admit to nothing and gather all the
pertinent information.
Such as collectors name, agency name, supervisors name, mailing address, alleged creditor
that is owed and alleged amount that is owed.
Once you gather this information, politely crank the phone on the debt collector. Then send
a cease and desist letter, Certified Mail, to the collection agency.
This will give you the breathing room you need to start the process of improving your credit.
The last thing you need is a debt collector kicking you while you’re down.
Order your credit report and review it carefully and begin disputing errors and request
verification of debts that you do not agree with. With so much identity theft out there, you
may have stuff on your credit report that does not belong to you.
Be diligent about your credit. Take the action necessary to improve your credit score so that
you can stay in the game.
Do not be misled that a good credit report is not all that important. Unless you have millions
of dollars in the bank, you should consider your credit report as good as gold and take the
proper measures to guard it as such.
pays well over $75,000 dollars annually.
How about simply renting a good quality apartment or qualifying for a cell phone without
having to put down a super large deposit.
Bad debt is not the end of the world; it just gives you limits as to what you are able to do in
this world.
No matter how bad your credit is today, facing your problem head on is the only way to start
making a change for the better.
So the next time a debt collector calls, be polite, admit to nothing and gather all the
pertinent information.
Such as collectors name, agency name, supervisors name, mailing address, alleged creditor
that is owed and alleged amount that is owed.
Once you gather this information, politely crank the phone on the debt collector. Then send
a cease and desist letter, Certified Mail, to the collection agency.
This will give you the breathing room you need to start the process of improving your credit.
The last thing you need is a debt collector kicking you while you’re down.
Order your credit report and review it carefully and begin disputing errors and request
verification of debts that you do not agree with. With so much identity theft out there, you
may have stuff on your credit report that does not belong to you.
Be diligent about your credit. Take the action necessary to improve your credit score so that
you can stay in the game.
Do not be misled that a good credit report is not all that important. Unless you have millions
of dollars in the bank, you should consider your credit report as good as gold and take the
proper measures to guard it as such.
Debt Credit Learning Center
Debt Solutions to help you improve your credit score!
Ignoring bad debt or debt collector is not the way to go
Then maybe you would have tons of
cash and be in better health.
If your credit report is not screaming
out that you are absolutely a good
credit candidate, you better start
now to make it so.
Though it may sound nice to live
solely on cash, ignoring your bad
debt will restrict you, if not prohibit
you, from taking advantage of the
many profitable opportunities that
are available only to those people
with good credit.
Such as starting a small business,
buying property, making a home
cash and be in better health.
If your credit report is not screaming
out that you are absolutely a good
credit candidate, you better start
now to make it so.
Though it may sound nice to live
solely on cash, ignoring your bad
debt will restrict you, if not prohibit
you, from taking advantage of the
many profitable opportunities that
are available only to those people
with good credit.
Such as starting a small business,
buying property, making a home
| Copyright 2005-2008 Debt Credit Learning Center |
God Bless.
Carlos Cruz
Debt Credit Learning Center
Carlos Cruz
Debt Credit Learning Center